# INCJ, Hitachi Construction Machinery and Nissan to integrate forklift businesses into UniCarriers

INCJ, Hitachi Construction Machinery and Nissan signed a definitive agreement to integrate their forklift businesses into a new company, UniCarriers Corporation, with INCJ holding 53.3%, Hitachi Construction Machinery 26.7% and Nissan 20.0%. INCJ will inject 30 billion yen of growth capital.

- Type: Acquisition
- Announced: 2021-08-14
- Where: Japan
- Value: $270.0M (30.0B JPY)
- Status: announced
- Products: forklifts, industrial vehicles
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [Innovation Network Corporation of Japan](https://endata.com/companies/588.md) (investor)
- [UniCarriers](https://endata.com/companies/740.md) (target)
- [Hitachi Construction Machinery](https://endata.com/companies/15738.md) (partner)
- [Nissan Motor](https://endata.com/companies/19742.md) (partner)

## Sources

- [a-animo.blogspot.com](https://a-animo.blogspot.com/2012/04/incj-hitachi-construction-machinery-and.html), 2021-08-14: "INCJ, Hitachi Construction Machinery Co., Ltd. and Nissan Motor Co., Ltd., today announced that they have signed a definitive agreement to integrate their forklift businesses"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.